Lululemon Athletica Inc (NASDAQ: LULU) reported robust financial results for the third quarter of 2024, showing a 9% increase in total revenue year-over-year to $2.4 billion. This growth was driven primarily by the company's strong international performance, particularly in China where revenues surged 39%. The Americas experienced modest growth, driven by a particularly strong presence in Canada, while U.S. revenues stabilized but remained flat. Total net income for the quarter reached $352 million, representing a net income margin of 14.6%. Management expressed optimism about upcoming product launches and seasonal strategies, focusing on maintaining brand strength and engagement through an enhanced product assortment as part of their ongoing growth strategy. With a strong cash position of $1.2 billion, the company continues to prioritize share repurchase programs as a return of capital to shareholders.